Has the Solar Energy come of age for Sri Lanka ?
August 2020, By Eng Parakrama Jayasinghe
There is much euphoria after opening the tenders for the 150 MW of Solar PV parks on the 22nd July 2020. This tender called for offers for setting up Solar PV parks of capacity in the range 1 -10 MW.
The significantly lower tariff levels claimed by the tenderers may have come as a surprise to many , including the CEB, which had set a ceiling of Rs 15.60 per kWh as the cut off point for acceptance. The range of offers received is reported to be in the range Rs 8.89 –Rs 11.50 varying with the targeted GSS. A range of tariff is to be expected due to the range of capacities and different locations with the variability of the expected annual energy yield at each location and other factors.
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Has the Solar Energy Come of Age for Sri Lanka